Saturday 23 August 2014

Unicorn files cases against former CEO

Unicorn Investment Bank chairman Yousef Al Shelash has confirmed that the company has instigated a criminal case as well as two civil cases against its former chief executive Majid Al Refai. Al Shelash said that these had been ongoing sinc


Oman-India JV firm readies for IPO

India's Bharat Oman Refineries, an equal joint venture between state-run Bharat Petroleum Corporation Limited (BPCL) and Oman Oil Company, has filed papers for an initial public offer, a senior company official said. 'We are coming to the


Bharat Oman plans IPO to raise $635m

India's Bharat Oman Refineries will soon file for an initial public offer to raise up to Rs25 billion ($635 million), three banking sources involved in the deal said. Bharat Oman Refineries is an equal joint venture between state-run Bhara

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